G.M. May Offer Only Stock to Bondholders
hf-implode.com 4/10/2009 — " General Motors is working on a new debt-exchange plan for its bondholders, one that would most likely offer only equity instead of cash or new debt, a person briefed on the proposal said on Thursday."

The Obama administration bullies GM's bondholders
washingtonpost.com 5/26/2009 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...

Bondholders Get a New Proposal From G.M.
nytimes.com 5/28/2009 — Tony Ptak of the United Automobile Workers voted Thursday in Warren, Mich., on G.M.'s concession plan as the automaker's bondholders were offered a larger owner stake than the union.

Bondholders Push GM to Brink of Bankruptcy
online.wsj.com 5/27/2009 — DETROIT--General Motors Corp. bondholders soundly rejected a debt-swap offer critical to the auto maker's survival, pushing the company closer to a bankruptcy filing that could come in the next few days. GM's board of directors will meet later this ...

GM bankruptcy nears as bondholders shun tender offer
reuters.com 5/27/2009 — Kevin Krolicki and Jui Chakravorty Das DETROIT/NEW YORK (Reuters) - General Motors Corp has failed to persuade enough bondholders to accept a debt-for-equity swap, setting the stage for the largest-ever U.S. industrial bankruptcy within days. The ...

Why We Filed, by G.M.'s Chief Executive
dealbook.blogs.nytimes.com 6/1/2009 — In a 98-page affidavit filed in New York on Monday, Fritz Henderson, who became General Motors' chief executive in March, laid out the factors that led the giant automaker into Chapter 11.

G.M. Bondholders Seek Majority Stake in Counterproposal
dealbook.blogs.nytimes.com 4/30/2009 — A committee representing bondholders of General Motors has proposed an alternative plan to restructuring the embattled automaker, in which the bondholders, not the government, would be in the driver's seat.

The End Game for GM Bondholders
hf-implode.com 3/30/2009 — "The steps taken this weekend by the Obama Administration to reach a resolution for the troubles in the automotive industry increase the chances of a bankruptcy filing by General Motors or its rival, Chrysler."

G.M.'s Big Bankruptcy, by the Numbers
dealbook.blogs.nytimes.com 6/2/2009 — While it isn't the largest Chapter 11 case that the nation has ever seen, General Motors' bankruptcy case will have its place in the record books.

Video: How does GM's bankruptcy impact auto industry?
marketnewslive.blogspot.com 6/3/2009 — At some dealerships, cars are still rolling off the lot but they continue to move very slowly. So could a retooled GM actually be good for the auto industry as a whole?

Chrysler Will Fight to Bitter End — The Big Money 4/30/2009
Chrysler will likely file for Chapter 11 bankruptcy today as its deadline for restructuring looms. The news dominates headlines in today's business press and takes shape as the answer to the long-speculated question: What the hell will happen to ...

Carmouflage — The Big Money 4/30/2009
Recommended reading: "Chrysler to file for bankruptcy after negotiations collapse. Obama to address nation at noon."-- Washington Post Photo cred: benimoto

Chrysler and General Motors: End game — The Economist: Full print edition 4/30/2009
The two carmakers’ new, streamlined shapes start to become apparent AFTER a week of brinkmanship, it seemed that the effort to save Chrysler from bankruptcy had failed. As The Economist went to press, Barack Obama was expected to announce that ...

Chrysler Bankruptcy: Not as Bad as it Sounds — The Big Money 4/30/2009
President Obama just announced that Chrysler, the smallest of Detroit's Big Three carmakers, will declare bankruptcy. It's not as bad as it sounds. Chrysler will enter Chapter 11, which means that the company—famously bailed out once before in the ...

Obama's Italian Job — The Big Money 5/1/2009
President Obama's landmark move to force Chrysler into bankruptcy leads on the nation's business pages today, with the New York Times calling it "yet another extraordinary intervention into private industry by the federal government." The ...